Call reports 2017
MECHANICS SAVINGS BANK — 2017
What MECHANICS SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 382,167,000 | 391,663,000 | 393,118,000 | 396,476,000 |
| Total loans | 330,499,000 | 337,224,000 | 337,849,000 | 340,246,000 |
| Allowance for loan losses | 3,649,000 | 3,626,000 | 3,547,000 | 3,333,000 |
| Securities available for sale | 33,251,000 | 35,507,000 | 37,112,000 | 37,915,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,032,000 | 284,720,000 | 284,372,000 | 280,232,000 |
| Interest-bearing deposits | 235,168,000 | 244,346,000 | 237,994,000 | 235,291,000 |
| Noninterest-bearing deposits | 37,864,000 | 40,374,000 | 46,378,000 | 44,941,000 |
| Equity capital | 45,688,000 | 46,261,000 | 46,974,000 | 47,794,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,022,000 | 8,187,000 | 12,378,000 | 16,667,000 |
| Interest expense | 624,000 | 1,284,000 | 1,962,000 | 2,667,000 |
| Net interest income | 3,398,000 | 6,903,000 | 10,416,000 | 14,000,000 |
| Noninterest income | 231,000 | 485,000 | 708,000 | 912,000 |
| Noninterest expense | 2,606,000 | 5,396,000 | 8,155,000 | 10,935,000 |
| Provision for loan losses | 90,000 | 90,000 | 90,000 | -23,000 |
| Pretax income | 933,000 | 1,902,000 | 2,879,000 | 4,000,000 |
| Income tax | 313,000 | 652,000 | 988,000 | 1,525,000 |
| Net income | 620,000 | 1,250,000 | 1,891,000 | 2,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,261,000 | 47,793,000 | 48,431,000 | 49,243,000 |
| Total capital | 51,559,000 | 52,120,000 | 52,815,000 | 53,516,000 |
| Risk-weighted assets | 296,161,000 | 296,991,000 | 298,402,000 | 306,629,000 |